Hillcrest Energy Partners With Equipmake to Develop Inverters for Heavy-Duty Electric Vehicles

• Hillcrest Energy Technologies signed its first definitive commercial licensing agreement with Equipmake on November 9, 2026.
• The partners will jointly develop an 800-volt traction inverter using Zero Voltage Switching technology for heavy-duty electric vehicles and off-highway equipment.
• Equipmake’s worldwide exclusivity would run for six years following final prototype acceptance, subject to annual minimum sales targets, with renewals tied to targets.
• Royalties will be based on net sales of licensed inverters; no immediate royalty revenue is expected.
• The agreement preserves Hillcrest’s ownership of all ZVS-related intellectual property, including improvements developed during the program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hillcrest Energy Technologies Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202611090700ACCESSWRNAPR_____1248705) on November 09, 2026, and is solely responsible for the information contained therein.